Kirkuk oil exports down for July

Kirkuk- Flames emerge from flare stacks at an oil field, 2014  Photo: KirkukNow

KirkukNow

Exports from the Kirkuk oilfields to the Turkish port of Ceyhan have fallen for July compared to the previous month by about 50 thousand barrels per day.

The new figures were published by the Iraqi oil ministry based on preliminary statistics of the Iraqi oil marketing company.

The spokesman to the oil ministry Asim Jihad said that the total exports of crude oil during July from the fields of Kirkuk through Ceyhan port reached 3 million and 119 thousand and 578 barrels, while a total sum of 929 thousand and 145 barrels were exported from Ninewa’s Gayara oilfields.

The average price per barrel was $60.578, down from June’s $61.156, with oil revenues at $6.76 billion.

Recently, the Iraqi oil ministry unveiled a plan to increase the production of crude oil in Kirkuk to 1 million barrels per day.

Oil exports from Kirkuk’s five main fields resumed in November 2018 after more than a year after exports were halted over tensions between the federal government and the Kurdistan Regional Government (KRG).

The oil fields of Havana and Bay Hassan which were under the control of the KRG before the October 16, 2017 events were producing 250 barrels per day, while the Baba Gurgur, Jambur and Khabaza oilfields were run by the Iraqi government.

The Iraqi federal government retook control of Kirkuk and other disputed territories following a military operation launched in October 2017 as a repercussion of a referendum on independence for the Kurdistan region of Iraq.

The Iraqi government began last year to export oil fields Kirkuk through the basin to Iran before its agreement with the Kurdistan Regional Government.

 

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